Quantitative Researcher - Options Market Making We're seeking a highly analytical Quantitative Researcher to join a leading proprietary trading team focused on options market making. This role involves developing and refining quantitative models that drive pricing, risk management, and execution strategies in highly liquid options markets.
What You'll Do
• Research and design systematic strategies for options market making across equities, indices, or other derivatives.
• Develop and enhance pricing models, volatility surfaces, and risk frameworks to optimize quoting and hedging.
• Analyze large datasets to identify patterns, improve execution quality, and uncover alpha opportunities.
• Collaborate closely with traders and developers to implement models in a low-latency production environment.
• Continuously monitor and refine strategies based on market conditions and performance metrics.
Ideal Background
• Advanced degree in a quantitative field (Math, Physics, Statistics, Computer Science, or related).
• Strong understanding of options theory, Greeks, volatility modeling, and market microstructure.
• Proficiency in programming languages such as Python, C++, or Java; experience with statistical libraries and numerical optimization.
• Familiarity with high-frequency or low-latency trading environments is a plus.
• Excellent problem-solving skills and ability to work in a fast-paced, collaborative setting.
What We Offer
• Competitive compensation with performance-based bonuses.
• Opportunity to work on cutting-edge research in a highly profitable and technology-driven environment.
• Collaborative culture with direct impact on trading strategies and PnL.
• Comprehensive benefits including health, wellness, and retirement plans.
Location: Major financial hubs (e.g., New York, Chicago, Miami)
Industry: Proprietary Trading - Options Market Making